Cryptocurrency Hedera Down More Than 4% Within 24 hours

Hedera's HBAR/USD price has decreased 4.61% over the past 24 hours to $0.07, continuing its downward trend over the past week of -17.0%, moving from $0.09 to its current price.

The chart below compares the price movement and volatility for Hedera over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 23.0% over the past week, while the overall circulating supply of the coin has increased 1.2% to over 26.35 billion. This puts its current circulating supply at an estimated 52.7% of its max supply, which is 50.00 billion. The current market cap ranking for HBAR is #36 at $1.87 billion.

Powered by CoinGecko API

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyMarketsMoversTrading IdeasBZI-CML
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!